Monthly Archives: February 2020

J&J ordered to pay US$750M in punitive damages over talc

Johnson & Johnson was ordered by a New Jersey jury to pay an additional US$750 million in punitive damages to a group of former Baby Powder users who had already been awarded US$37.2 million as compensation for cancers they blamed

Posted in Regulatory

Coronavirus hit to beauty sector will be worse than SARS

Estee Lauder and L’Oreal lower profit outlook Cosmetics companies Estee Lauder and L’Oreal said they’ve taken financial hits because of the outbreak. Estee Lauder lowered its profit outlook fiscal 2020 from between $5.85 and $5.93 per share to between $5.60 and $5.70 per share,

Posted in Skincare business